Post
Topic
Board Bitcoin Discussion
Re: Lightning Network Observer
by
AGD
on 28/11/2022, 14:04:50 UTC
you say about onchain fee's.   (not part of the conversation)

you talk about how an implementation used by nothing is.. and the you use sweep under the carpet blank statements..

thor turbo you say "speeds up" yea.. by ignoring a bolt rule to only start a channel once a tx is confirmed. by ignoring that they can give msats to users with no confirm utxo..

funny how you want to play it down as a feature and not something people should be risk aware of..

as for you saying users dont need to settle up every payment.. well thats the issue its not about broadcasting payment.. its about that while they dont need to broadcast with every ln onion payment to settle.. they are left longer not knowing what the state/commitment behind the GUI is actually promising. all they see is a msat balance in GUI which can mean nothing. much like thor turbo

with all the crap about stable coins de-pegging their reserves or lack of reserves (no funding locked coin) people should be aware of other networks that have week structure to ensure security. but you wanna sweep it under the rug..

shameful

havnt you listened to the news lately..
services and networks that cant prove reserves,
stable coins de-pegging to new low rates of conversion to base asset value
methods to steal/hack funds from counterparties/sister companies

but hey you will keep promoting the utopian dream that bitcoin is unfit for the masses and LN is bitcoin 2.0 right??

shame on you.

maybe one day you will become risk aware and then want other to be risk aware to protect their value rather then a trust system where they have to use emotional choices to either hope their channel partner wont screw them, or lose sleep watching them.
if you have to watch or trust middlemen or other people because your funds are at risk of being lost or spent while you are not watching them. that system is not a good system

Time to take your medication, Franky.